URU Metals (LON:URU) Stock Passes Below Two Hundred Day Moving Average – Here’s What Happened

URU Metals Limited (LON:URU) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 6.63 and traded as low as GBX 5.70. URU Metals shares last traded at GBX 5.99, with a volume of 244,615 shares changing hands.

URU Metals Trading Up 0.7%

The company has a market cap of £5.81 million, a PE ratio of 3.00 and a beta of 0.12. The company has a quick ratio of 0.76, a current ratio of 0.08 and a debt-to-equity ratio of 62.33. The business has a 50-day simple moving average of GBX 6.10 and a 200-day simple moving average of GBX 6.63.

About URU Metals

URU Metals Limited is involved in the exploration and development of mineral projects primarily in South Africa. The company explores for uranium, nickel, copper, and platinum group metals. Its flagship property is the Zebedelia Nickel Project located in the Limpopo Province of South Africa. The company was formerly known as Niger Uranium Limited and changed its name to URU Metals Limited. The company was incorporated in 2007 and is based in Toronto, Canada.